North America is expected to dominate the Automotive Refinish Coatings market during the forecast period. This is due to the increasing disposable income of people in this region. The increasing number of used vehicles will also fuel the demand for automotive refinish coatings in the region.

Selected Regulatory Analysis Done in the Full Report

By formulation, the water-borne coatings segment will enjoy the largest share in the Automotive Refinish Coatings market during the forecast period. There is a high demand for water-borne coatings from original equipment manufacturers (OEMs) due to their benefits over solvent-borne based coatings, which contain high levels of volatile organic compounds (VOCs). By vehicle type, the passenger cars segment will have the largest share in the market due to increase in sales of used cars.

Selected Driving Factors Mentioned in the Full Report

• The growth of the automotive sector will boost the demand for automotive refinish coatings during the forecast period.

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, and Life Sciences & Healthcare.

IndustryARC primarily focuses on cutting-edge technologies and newer applications in a market. Our custom research services are designed to provide insights on the constant flux in the global supply–demand gap of markets. Our strong team of analysts enables us to meet the client’s research needs at a rapid speed and with a variety of options.

We look forward to helping the client address its customer needs effectively, stay ahead in the market, become the top competitor, and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

According to the new market research report by IndustryARC titled “Automotive Sensors Market: By Product Type (Pressure, Temperature, Speed, Oxygen, Level, Others); By Technology (Capacitive, Inductive, Magnetic, and Others); By Application (Chassis, Engine, Powertrain, Telematics, and Others); By Vehicle Type (Car, Truck, Others); By Geography – (2018-2023)”, the market is driven by the automotive manufacturers’ increased emphasis on passenger safety.

APAC held the largest market share in the Automotive Sensors Market

APAC holds the largest market share and growth in the Automotive Sensors Market and is anticipated to reach $18.3 million by 2023 at a CAGR of 13.56%. In addition to this, the use of image sensors that aid the occupant safety is growing in the APAC region. Along with safety and gas emission issues, infotainment system drives the automotive sensors market in this region. Similarly, blind-spot reduction, forward-collision warning, lane-departure warning, and parking assist features are implemented in most automobiles in these countries. The key applications include Fuel Injection and Emission, Chassis, Engine, Powertrain, Safety & Control, Telematics, and Vehicle Security, among others.

Selected Value Chain Analysis

Sensor Manufacturers

• The advancements in technology and need of the end-users bring up the innovation in the products. The sensor fabrication varies according to the automotive model and the specificity of the applications. The researchers develop the product design so as to reduce its size and use it for multiple functions. Also, the material used for sensing and other applications such as packaging is being developed. In this process, the government standards and cost factor are considered to achieve maximum benefit in comparison to the investments made.

• Considering such developments, the manufacturers produce the sensors in bulk or as per the customizations required by the auto manufacturers. The sensors based on MEMS are among those having mass production. On the other hand, the LIDARs are the ones manufactured with some specificity.

Component Manufacturers

• The component manufacturers can also be called as value-added resellers. The sensor chips or devices are embedded in the components by these manufacturers. The components are used by the automotive industry for auto manufacturing. The cost to the product is added at this stage.

• The sensor products by Infineon are used by Bosch to embed them in desirable components. The RADAR chips by Infineon are embedded in sensors by Bosch, which contributes to the driver assistance systems. Moreover, the RADAR chips are packaged so as to reduce the system cost. Such manufacturing processes where the product is developed as well as the cost is reduced increases the potential of its applications. The RADARs now are not only used in premium vehicles, but also in small cars for traffic jam assist systems, adaptive cruise control, and emergency braking.

Automotive Parts Suppliers and Distributors

• At this stage of the value chain of automotive sensors, the sensors are distributed to the automotive companies at different locations. They play an important role to maintain the balance between supply and demand of a product.

Automotive Manufacturers

• Automotive manufacturers need a variety of raw material for the manufacturing of vehicles for different parts such as powertrain, chassis, interiors, body and main parts. It also includes the electrical and electronics products such as audio/video devices, charging system, ignition system, sensors, switches and many more. The sensors include airbag sensors, coolant temperature sensor, crankshaft position sensor, fuel level sensor, fuel pressure sensor, O₂ sensor and many more.

• All these parts are obtained from different distributors. The presence of distributors helps the automotive industry to get the raw material in time, and proceed with the uninterrupted manufacturing of vehicles. At times, the raw material is also obtained directly from the manufacturing companies.

End-Users

• The end-users are mainly the vehicle drivers. The automotive sensor’s performance depends on the level of safety, convenience, and comfort of the driver and the others.

Excerpts on Market Growth Factors

• Automotive Sensors Market is mainly driven by the increasing demand for automotive, stricter emission standards and the increased demand for safety features in automotive.

• This industry is a fragmented market, and has many suppliers all over the globe; thus the competition in the market is high. Offering better quality product at a competitive price is the main concern for the manufacturers.

• In addition to the electric vehicles, the growing autonomous vehicles in such countries are responsible for the rise in demand for various automotive sensors, which can reduce the traffic congestion by maintaining proper distance from other vehicles, and following a defined path.

• Other factors that drive the Automotive Sensors Market are the number of organized cab services, mishaps such as vehicle theft, road accidents, a crime against women and other passengers, a need of fleet management, etc.

• Bosch group has made its presence felt in around 150 countries with its sales and service partners. This company competes with General Electric Company, DENSO Corporation, Delphi Automotive Systems, LLC and few others. It functions with 290,183 employees worldwide.

• Denso Corporation acquired shares of Pricol Components Limited, an auxiliary of Pricol Limited, a major auto parts producer in India, to grow the instrument group business in India. Denso Corp. chose to extend the two specialized unit of DENSO Automotive Deutschland GmbH in Germany. With this extension, the company intended to improve the configuration of items for the neighborhood as well as local clients.

• CAS comprises of 44 plants, research centers and test tracks in 15 nations, incorporating ten joint ventures in Asia. The automotive group works with around 108,711 employees.

• Continental formed a joint venture with D’Ieteren. D’Ieteren is a Belgian automotive service group. This joint venture was made in order to implement different car sharing services. It provides virtual car keys that are transmitted and used wirelessly via cell phones.

• The earnings of the companies from the automotive business segment was highest for Denso Corporation, followed by Continental Corporation. Denso had come up with products in the security and safety field, as well as in the environmental field.

• The top companies are undertaking acquisition so as to expand and maintain their market presence. For example, Continental acquired Elektrobit Automotive is all set to develop software applications such as ADAS and infotainment systems. Also DENSO acquired 50% stake of ADASENS Automotive GmbH to develop active safety technologies of DENSO.

• The revenue generated by Continental AG from its automotive segment contributed a significant figure of the total market share.

What can you expect from the report?

The Automotive Sensors Market Report is Prepared with the Main Agenda to Cover the following 20 points:

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

APAC held the largest market share in the Automated Storage & Retrieval System Market

APAC holds the largest market share and growth in the Automated Storage & Retrieval System Market and is anticipated to reach $3.36 billion by 2023 at a CAGR of 7.41%. The growing demand for industrialization in this region, combined with increasing investment in industrial automation, particularly in China, is set to spur the market. The key applications in this region include Automotive, Chemicals, Food and Beverages, General Manufacturing, Semiconductors and Electronics among others.

Selected Value Chain Analysis

Sensor Manufacturers

• The AS/RS integrates various picking and routing mechanisms. Thus, it is necessary to design right systems for them. It involves an extensive research process complying with the safety standards for various industrial environments. The standard specifications for the desired system are created in this phase.

• Once these specifications are laid down, the designing phase deals with the development and simulation of a viable system. The prototypes are passed through various iterations until the desired result is achieved. This phase is also responsible for listing the required processing technology, materials, equipment and components in order to manufacture the AS/RS. The successive step deals with analyzing the pre-purchase specifications of the customers, gathered through marketing operations. The analysis again involves a lot of research pertaining to the supply chain and storage capacity management of the customer. The next step deals with the acquisition of required components and sub-systems for the AS/RS post, which is manufactured and distributed to the customer. The following step involving installation and training is an exhaustive process where the AS/RS suppliers create another revenue segment. After the end-user has acquired the requisite AS/RS, the manufacturers or other third parties offer all sort of maintenance and calibration services till the end of the product lifecycle.

Excerpts on Market Growth Factors

• The advent of warehouse robotics has also developed a significant opportunity for the inflow of products in the global market. Leading MNCs in automotive, manufacturing, petrochemical and other industries are vigorously investing in low-risk warehouse automation, in order to convert their traditional rack and shelving facilities into automated facilities.

• Automation in the aerospace industry has taken off in recent years. This growing automation has propelled the demand for automated storage and retrieval systems across the industry.

• The high demand of warehouse automation in the automotive segment and the growing cost of laborers are the key driving factors in all the markets.

• The demand for better and innovative products is driving the research and development operations in this market.

• The patent scenario for AS/RS market is changing, owing to the technological advancements and the change in market demand.

• Growing demand for AS/RS in various end-user industries such as automotive, food and beverage, electronics and semiconductors, defense, aerospace, e-commerce, manufacturing and others, will pave the path for AS/RS market in near future.

• The automotive industry is a growing market for automated storage and retrieval systems. These systems are utilized in automotive service stations, automotive factories and parking lots. Three major types of storage systems are utilized in the automotive industry: Vertical lift modules, vertical carousel and horizontal carousel.

• The growing safety and control demand in the electronics industry in the European and North American markets will significantly propel the market for automated storage and retrieval systems.

• Intelligrated Systems, Inc; is one of the major companies focusing permanently on development through product launches. In 2015, the company unveiled 2 new products with product line expansion of Alvey 890 series as well as the launch of new Automated Storage and Retrieval Systems. Other Automated Storage and Retrieval System manufacturers such as Dematic Corporation as well as Beumer Group GmbH also focused on Product launches as their major growth strategy.

• In 2015, Dematic Corporation acquired Reddwerks Corporation as well as FSU Investments Ltd.; Swisslog AG acquired FORTE Industries as well as a selected portfolio of technologies from Grenzebach Automation GmbH.

What can you expect from the report?

The Automated Storage & Retrieval System Market Report is Prepared with the Main Agenda to Cover the following 20 points:

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.

]]>According to the new market research report by IndustryARC titled “Automotive Battery Market: By Vehicles (Passenger Vehicle, Electric Vehicle and Commercial Vehicles); By Function (SLI, Electric Propulsion) By Battery (Lead-Acid, Lithium – Ion, Nickel Cadmium and Others), and By Geography – Forecast – (2017-2023)”, the market is driven by the increasing environmental concerns about emissions from traditional automobiles and increasing stress on fossil reserves.

APAC held the largest market share in the Automotive Battery Industry

The APAC region holds the largest market share and growth in the Automotive Battery Market and is anticipated to reach $17.5 billion by 2023 at a CAGR of 10.8%. In order to keep up with the growing demand, several global automakers have started investing heavily in various segments of the industry during the last few months, which simultaneously escalated the emergence of new technologies, thereby driving the automotive battery market in the region.

Selected Value Chain Analysis was done in the full report

• Firstly, the value addition starts from raw material suppliers that are either manufacturers or providers. After extracting the raw materials from the suppliers, various parts of the automotive battery is designed. After component manufacturing, these parts are integrated as a whole.

• Many automotive batteries are also manufactured according to the type of vehicle such as automotive batteries and many a vehicle battery for passenger vehicles, namely battery electric vehicles, hybrid electric vehicles and plug-in hybrid electric vehicles along with internal combustion engine vehicles.

• The equipment is made available to the final integrators, generally through regional sales networks or through distributors. Major companies operate through regional sales representatives, whereas smaller companies operate through distributors. This is because setting up a regional sales office in each country would require large investments. Smaller companies which generally have smaller profit margins do not have the resources to set up regional offices in every country. Hence, operating through distributors is relatively easy in such situations.

Excerpts on Market Growth Factors

• Automotive Battery Industry is driven by the need for energy efficient batteries in various segments of automobiles. Therefore, a significant increase in the use of lithium-ion batteries in automobiles will accelerate the growth of the market.

• Growing environmental awareness, innovation, consumer acceptance, and government support are creating demand for electric vehicles, thus accelerating the automotive battery Industry in these regions.

• The growth for Automotive Market for electric vehicles is triggered by the rising demand for electric vehicles coupled with several investments by OEM for the development of these vehicles. That means increasing opportunities for electric vehicles will contribute to the growth of the automotive battery market during the forecast period.

• The Electric Vehicle Market is projected to remain the fastest growing vertical for automotive battery during the forecast period.

• With the requirements of carbon emission reduction and energy efficient batteries, there is a huge growth for electric vehicles, thus propelling the growth for automotive batteries.

• Rising disposable income in developing countries like China and India resulted in the increase in Sales for passenger vehicles, thereby further boosting the growth of the market.

• Availability of the infrastructure is one of the factors that is positively correlated with the growth of electric vehicle as well as Automotive Battery Industry.

• Demand for electric and hybrid vehicles is soaring across the globe, thereby creating an opportunity for the growth of the automotive battery market during the forecast period.

• The growth is primarily attributed to low cost and dependable services in adverse environmental conditions and efficient recycling ability.

• The adoption of these electric vehicles was driven by consumer demand, industry developments and government initiatives which would propel the growth of the automotive battery Industry as it provides clean and efficient transportation.

• Panasonic Corporation and LG Chem are analyzed to be the dominant players of the automotive battery market for electric vehicles. These companies are followed by BYD Company which stood third in the list of best automotive battery manufacturers globally market for electric vehicles.

• Johnson Controls, Inc. is the latest company to forayed into best auto battery sector as far as NiMH is concerned. The NiMH cell was developed using technologies from it’s Varta Battery Automotive Business in Europe.

• Bosch Gmbh Robert, Daimler Ag, Ford Global Tech Llc, Hitachi Ltd and many more are the major applicants of the patents for the automotive battery market.

What can you expect from the report?

The Automotive Battery Market Report is Prepared with the Main Agenda to Cover the following 20 points:

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare

The chassis, primarily manufactured from steel, is considered to be the most crucial element that gives strength and stability to vehicles under different conditions. During the engineering phase, the body of a vehicle is flexibly molded according to the structure of the chassis.

The huge demand for lighter and stronger chassis system as well as the on-going developments and progressive features in vehicle chassis systems are the key factors that will boost the automotive chassis systems market during the forecast period.

Asia-Pacific witnessing with the strongest growth in the Automotive Chassis Industry

Automotive chassis market forecast to 2023, has in-depth research report on the major regional market of North America, Europe, Asia-Pacific and the rest of the world (RoW). Among all the regions, countries such as the U.S., Germany, the U.K, Japan, South Korea, and China are the leading players in the manufacturing and supplying of automotive chassis. Asia-Pacific, the largest supplier to the automotive chassis systems market since 2017, is witnessing a strong growth. A steady growth is estimated in India, China, and the Middle East during the forecast period.

Sales Analysis Done in the Automotive Chassis Industry Report

The current movement of innovation in automobiles is gradually mapping into the chassis market leading to a higher scale of adoption. If we look upon the growing adoption of the automotive industry for innovative technologies and product, the market is reshaping traditional auto industry structures.

Based on end-user application, the automotive chassis market has been segmented into passenger cars and commercial vehicles. The passenger cars segment dominates the market owing to the growing demand from Asia-Pacific and North America. Monocoque chassis, a structure in which the body of the car is integrated with the car chassis, is expected to witness the fastest growth in the passenger cars segment owing to the increasing demand for lightweight, environmentally friendly, and safe cars.

Excerpts on Market Growth Factors

• The present research states that automakers have lifted the advanced technologies across the aspects of today’s vehicles. Which came up with the development of in-car infotainment systems along with the growth in technical innovations brings new challenges for chassis manufacturers. Building high safety measures and sophisticated chassis will help the market achieve new heights of revenues.

• Reducing the chassis weight and also cost while improving performance is a major challenge and new opportunity for the automakers. Where, DuPont came up with myriad components, the foremost parts utilized in reducing weight and cost and integrating functions in the chassis systems. This highly engineered materials helped 1% and 4% improvement in fuel efficiency. Also helped 10% improving rolling resistance of tires. DuPont is continuing its process to enhance its standard materials that can be utilized further in future use.

The automotive chassis market consists of several manufacturers and is characterized by rapid technological advancements. The chassis systems manufacturers or manufacturers of chassis components such as brakes, cradles, and axles are operating in this industry. The top strategy players of the automotive chassis market include BENTELER International, Bosch, Continental, Magna international and ZF Group. Other players such as American Axle & Manufacturing and Schaeffler AGare in the race to hold a significant share in the market in the next few years.

What can you expect from the report?

The Automotive Chassis Market Report is Prepared with the Main Agenda to Cover the following 20 points:

About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

]]>According to the new market research report by IndustryARC titled “Augmented Reality and Virtual Reality in Healthcare Market: By Type (Augmented & Virtual Reality); By End-User (Surgical & Rehabilitation, Training, 3D Operation Room Simulations, Simulations, Diagnostics, Virtual Reality Exposure Therapy) – By Geography – With Forecast (2018- 2023)”, the market is influenced by the large demands from emerging economies such as India and China, due to increasing investments in these countries.

Americas held the largest market share in Augmented and Virtual Reality Robotic Surgery Market

Americas held the largest market share in the Augmented Reality and Virtual Reality Robotic Surgery Market and is anticipated to reach $230.3 million by 2023 at a CAGR of 38.5%. However, the APAC region will witness the highest growth during the forecast period and is anticipated to reach $93.17 million at a CAGR of 43.9%. The demand for Augmented and Virtual Reality Market mainly derives from the higher cost of devices in the region, compared to Asian Countries. Favorable funding and easy access to products due to the presence of local companies are other factors responsible for the growth of this segment in this region. The key end-users in the region include Augmented Reality and Virtual Reality.

Selected Opportunities Analysis

Virtual Reality – Opportunity Analysis

• The market for virtual reality-based applications is extensive in terms of its application which includes sectors like gaming, healthcare and education, and training.

• Virtual reality based products like full-scale immersive 3D as diagnostic tools for doctors and nurses during surgery, have high growth opportunities in the healthcare industry.

• Products like the Oculus Rift, popular amongst video gamers, brought in a twist with its application potential in the healthcare industry, thus indicating an opportunity for the growth of virtual reality-based product market.

Augmented Reality – Opportunity Analysis

• Due to fast technological developments in the augmented reality based products, the healthcare industry will be able to explore opportunities in the augmented reality-based product market. The growth opportunity for augmented reality in healthcare is in surgical applications, training, and continuous medical education and rehabilitation. In surgical applications, augmented reality can be used to perform surgeries like endoscopy and digestive surgery with the help of robots. Subjected to training and continuous medical development, augmented reality can be used to train the nurses. In rehabilitation, augmented reality can be used to treat trauma and phobia patients.

• The opportunity for smart glasses based on augmented reality is tremendous in the coming years.

Excerpts on Market Growth Factors

• The global AR and VR in the healthcare market displays ample potential for growth. It is propelled by increasing healthcare costs, technological advancements, increasing demand for minimally invasive treatments, rising focus on patient safety, and increasing consolidation of the manufacturers.

•

• The expansion and growth of the market depend upon the creation of new applications which will be able to meet the application perspective demand from the end user.

• Growing interest in improving and sustaining interaction and engagement across the healthcare sector using gaming technology also propels the market for serious games.

• Increase in stroke cases would lead to the growth of augmented reality rehabilitation market in the forecast period.

• The global simulated clinical environment market is poised to grow at a CAGR of 16.5% in the forecast period to reach $312.3 million by 2018.

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.

]]>The Australia Professional Haircare Market is expected to reach $ 285.48 million by 2023http://mihuexpress.com/the-australia-professional-haircare-market-is-expected-to-reach-285-48-million-by-2023/
Tue, 23 Oct 2018 07:25:47 +0000http://mihuexpress.com/?p=10759According to the new market research report by IndustryARC titled “Australia Professional Haircare Market By Categories (Coloring, Perming & Straightening, Shampoo & Conditioning and Styling); Sales Channel (Back Bar and Take Home) & By Company 2018-2023”, the market is driven by the growing demand for hair coloring products to cover grey hair. Growing urbanization and …

]]>According to the new market research report by IndustryARC titled “Australia Professional Haircare Market By Categories (Coloring, Perming & Straightening, Shampoo & Conditioning and Styling); Sales Channel (Back Bar and Take Home) & By Company 2018-2023”, the market is driven by the growing demand for hair coloring products to cover grey hair. Growing urbanization and the willingness to spend on professional hair care products are the other factors that enhance the growth of the market.

Hair Coloring products in the Australia Professional Haircare Market

Highlighting of hair is a major style trend followed by many people, especially younger people in salons. Australians are becoming more beauty and personality conscious, leading to a trend where people visit salons for services such as hair coloring. Consumers are preferring natural and Ammonia free coloring products such as Aveda and Kevin Murphy which are gaining popularity as they do not damage the hair. L’Oreal, Wella, Goldwell & Schwarzkopf Professional are the international brands in the Australian Professional Haircare Market.

Selected Analysis done in the full Report:

The cosmetic industry growth is enhanced by household consumption expenditure on cosmetics, perfumes, soap products and other toiletries. The industry is quite competitive and consumers are on the lookout for multiple functionalities in cosmetic products. Australians are now choosing high quality premium mass consumer products as a replacement for professional cosmetic products. Recently, there has been a growing demand for organic products in the Australian beauty industry.

Anti-ageing cosmetics are creating a niche segment in the ageing section of Australia. Health and beauty products are now being sold online.

Excerpts on Market Growth Factors

• Increasing demand for hair coloring products to cover grey hair is propelled by the ageing population in Australia. This factor drives the growth of the Australian Professional Haircare Market. Frequent hair coloring and straightening of hair has resulted in growing sales for functional hair care products.

• Women and men in the age group of 20-40 are witnessing problems about changes that are due to ageing such as grey hair, hair loss, loss of hair strength and thinning hair. This increases the frequency of visits to the salons for coloring and treatment services such as protein treatments.

• Australia with 89.2% of urbanized population, exhibits a huge growth for the demand and willingness to spend on professional hair care products as consumers are more interested in improving their visual appearance.

The key players of the Australian Professional Haircare Market are L’Oréal Group, PROCTER & GAMBLE CO., and Kao Corporation. L’ Oreal Group is the largest cosmetic company which manufactures cosmetics related to hair color, skin care, sun protection, make up, perfumes, and hair care. PROCTER & GAMBLE CO deals with products such as cleaning agents, pet food and personal care products. It recently announced end to end innovation hubs in Beijing and Singapore. Kao Corporation manufactures products such as cosmetics, foods, baby care and feminine products, healthcare products, detergents, etc.

What can you expect from the report?

The Australia Professional Haircare Market Report is Prepared with the Main Agenda to Cover the following 20 points:

About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.

]]>According to the new market research report by IndustryARC, “Automated Material Handling Market: By Products (Automated Guided Vehicle, Automatic Storage & Retrieval System, Others); By System (Unit & Bulk Load); By Application (Automobile, E-Commerce, Others); By Operation (Assembly, Packaging, Storage, Others); By Region – (2018-2023)”, the market is driven by various innovations and advancements in technology.

APAC continues to lead the market share and during 2018-2023.

In terms of revenue contribution and growth rate, Asia-Pacific emerged out to be the global market leader for automated material handling market in 2017 and is estimated to remain the market leader throughout the forecast period followed by Europe and Americas. Asia Pacific material handling market is expected to reach $ 2.46 Billion by 2023. The high cost of labor in the Asia Pacific market and increasing demand for automation has led to soaring demand for automated handling systems from basic warehouse functions to factory applications. This section will offer a brief overview of the market segmentation of automated material handling. Especially, the high level of factory automation in Asia-Pacific and Latin America is driving the market for AMH in manufacturing, e-commerce, food and beverage, and the semiconductors & electronics industry. China is the market leader in Asia-Pacific with total estimated revenue of $ 389 Million in 2017.

Selected / Sample Analysis done in the full Report:

The value chain analysis deals with the comprehensive evaluation of each activity involved in the processing of any product/service and finally delivering it to the end-users. Each stage across the value chain of a product or service is associated with creating some sort of monetary value. The value chain analysis can offer the company to examine every activity across the value chain and identify the steps where elimination or modification is essential.

The automated material handling system integrates various picking and routing mechanisms, thus it is necessary to design the right system for them. It involves an extensive research process complying with the safety standards for numerous industrial environments. The standard specifications for the desired system are created in this phase.

Once these specifications are laid down, the designing phase deals with the development and simulation of a viable system. The prototypes are passed through various iterations until the desired result is achieved. This phase is also responsible for listing the required processing technology, materials, equipment and components in order to manufacture the automated material handling system. Furthermore, successive step deals with analyzing the pre-purchase specifications of customer gathered through marketing operations. The analysis again involves a lot of research pertaining to the supply chain and storage capacity management of the customer. It is followed by the step which deals with the acquisition of required components and sub-systems for the automated material handling system post which it manufactures and distributes to the customer. Next step involves installation and training, which is an exhaustive process where the automated material handling system suppliers create another revenue segment. After the end-user has acquired the requisite automated material handling system, the manufacturers or other third parties offer all sort of maintenance and calibration services till the end of product life cycle.

Excerpts on Market Growth Factors Mentioned in the Full Report:

The multichannel supply chain strategy is an increasing trend in the current times particularly among the retail sector, is expected to drive the automated material handling systems market.

Daifuku remained the leading company in the global automated material handling market followed by Schaefer. Both the companies have a leading market position in the material handling market across the globe supported by their extensive product portfolio and presence in several regions.

The Daifuku company is actively expanding its operations into global markets. Sales outside Japan remained strong majorly due to strong demand in North America. Rising demand for high-end systems in distribution automation business and in emerging sectors in manufacturing is the major drivers for the increase in revenue.

The Schaefer group operates along three business segments which include SSI Schaefer- Fritz Schaefer GmbH, Schaefer Werke GmbH as well as SSI Schaefer Shop GmbH. Automated storage and retrieval systems are manufactured under SSI Schaefer- Fritz Schaefer division.

What can you expect from the report?

The Automated Material Handling Market Report is Prepared with the Main Agenda to Cover the following 20 points:

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications in a Market. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business.

We look forward to support the client to be able to better address their customer needs, stay ahead in the market, become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

]]>According to the new market research report by IndustryARC, “Asian Petcoke Market: By Type (Calcined Petcoke and Fuel Grade Petcoke); By Application (Aluminum, Steel, Power, Cement And Others); By Region (China, India, Japan, Others) – (2018-2023)”, the market is driven by the increased demand from end-user industries, especially from aluminum, cement and power plants.

China continues to lead the market share during 2018-2023.

China is the major petcoke producer in Asia, with the world’s second-largest refinery capacity. China consumes over 70-80% of the petcoke that is produced domestically. India is the next major producer after China, within Asia. The domestic petcoke that is produced in China is not sufficient enough to meet the overall demand. So, the country imports petcoke from U.S., UK, Canada, and other countries. China occupied a major share in 2017 and is estimated to grow at a CAGR of 6.2% till 2023. India and China are projected to increase the consumption of petcoke by 2023, but with slightly lower growth rate comparatively, due to various environmental concerns.

Selected / Sample Analysis done in the full Report:

Petroleum products are usually derived from crude oil as it is processed from oil refineries. Refineries can produce various types of petroleum products based on the demand of the market.

Petrochemicals are chemicals made from crude oil and natural gas and account for approximately 40% of the world‘s chemical market. Petcoke is also obtained from crude oil as it is considered as the valued consumer product during oil refining process.

Petcoke is generally a bottom of barrel product which is delivered as a residue that is obtained from the crude oil, in the form of hydrocarbons.

Petcoke is generally a carbonaceous solid which is obtained from the cracking process through coker units.

Delayed coker, flexicoker, and fluid coker are the three coker units where the dark residue can be converted into raw petroleum coke. Out of the three, delayed coker unit is the most commonly used.

Coker units further produce calcined petcoke and fuel grade petcoke which are used in end-user industries that include cement, power, steel and aluminum industries.

The major countries in Asia such as India, China and Japan, has import tariffs. The average total duty on petcoke is 28 for both calcined petcoke and fuel grade petcoke.

The other common product items that come under HS code 27131200 are petroleum coke, calcined petroleum, grade calcined, electrode grade.

The rising demand for Pet Coke across almost all countries in Asia is expected to drive the demand and growth for the market throughout the forecast period.

The demand for petcoke in Asia has been increasing due to increased consumption from major developing countries with rapid industrialization and also due to the increased supply of heavy oils. This factor is expected to propel the market growth rate.

Sinopec is the major producer in China, with more than half of China’s petcoke production, followed by CNPC and CNOOC. Others category includes local refineries which contributed to 21% of the total production.

Local refineries depend on high-sulfur heavy oil which is obtained from domestic oil fields, imported oil, and residual oil that are more likely to produce high sulfur petcoke. Petcoke produced by state-owned enterprises that include Sinopec, CNPC, and CNOOC produces low sulfur content.

What can you expect from the report?

The Asian Petcokes Market Report is Prepared with the Main Agenda to Cover the following 20 points:

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications in a Market. Our Custom Research Services are designed to provide insights into the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business.

We look forward to supporting the client to be able to better address their customer needs, stay ahead in the market, become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

]]>According to the new market research report by IndustryARC titled “Asia Ethylene Glycol Market: By Type (MEG, TEG and DEG), By End-User Application (Polyester Fibres, PET bottles/films, Antifreeze and Others) and By Geography – Forecast (2018-2023)”, the market is driven by the continuous strong growth in domestic demand, and supported by an external trade performance in all the countries.

Asia’s ethylene glycol market in terms of demand was estimated to be 16.38 Million Metric Tons (MMT) in 2017 and is projected to reach at 21.29 MMT, growing at a CAGR of 4.5% in 2023 due to increase in demand in polyethylene terephthalate (PET) and polyester fiber industries. MEG accounts for 90% of the total ethylene glycol market. Major applications of MEG are in the production of polyester fibers and Polyethylene Terephthalate (PET). 55% of MEG is used to produce polyester fibers, and 26% of MEG is used to produce PET bottles/films. MEG type segment was estimated to be 14.83 MMT in 2017 and is projected to reach 19.56 MMT by 2023 at 4.7% CAGR.

China continues to lead the market share during 2018-2023.

China accounts for 65% of the total MEG market. China is the dominating country amongst all other countries. China’s MEG market in terms of volume was 10.16 MMT in 2017 and is projected to reach at 14.82 MMT, developing at a CAGR of 6.5% in 2023 due to the growing demand in the downstream polyester market and falling crude oil prices.

China’s MEG market in terms of revenue was estimated to be $7.8 billion in 2017 and is forecasted to reach $13.6 billion, growing at a CAGR of 7.0% in 2020 due to rising consumption of polyester fibers and resins in the market. India occupies the second major market share as compared to others. As per the current trends, Indian Oil Corporation Limited is planning to start its mono-ethylene glycol plant of capacity 325 KTA, located at its Paradip refinery in Odissa, India. Also, India is projected to register the highest growth rate of 9.5% CAGR throughout the forecast period.

Selected / Sample Analysis done in the full Report:

Chemical manufacturers had slowed down due to lower feedstock costs in establishing Asia based facilities or in cutting the production capacity in order to stabilize the market scenario.

Asia’s ethylene glycol production is mostly based upon the naphtha route, but China has limited crude oil for the production of material, and it covers the market share in the market. As a result, they are recently focusing on the methods to use its coal reserves as a substitute for its crude oil based feedstock in the chemical industry.

The value chain starts with the identification of suitable feedstock for the desired petrochemicals. Oilfield services include a number of auxiliary services in the E&P process, such as seismic surveys, well drilling, equipment supply or engineering projects. They form an important part of the overall oil and gas industry (and over the past years and decades have substantially gained in expertise and importance), but will not be the focus of the overview.

Infrastructure such as transport (pipelines, access to roads, rail and ports etc.) and storage are critical at various stages in the value chain, including the links between production and processing facilities, and between processing and final customer. These parts of the value chain are usually referred to as ‘Midstream’.

Oil refining and gas processing are required to turn the extracted hydrocarbons into usable products. The processed products are then distributed onwards to wholesale, retail or direct industrial clients [Refining and Marketing (R&M) is also referred to as downstream oil].

Certain oil and gas products represent the principal feedstock for the petrochemicals industry, which explains the close historical and geographical links between the two. Individual companies can cover one or more activities along the value chain, implying a degree of vertical integration (integrated firms are engaged in multiple successive activities, typically E&P as well as R&M), and/or can seek to expand within a given activity, implying horizontal consolidation (business scale).

Excerpts on Market Growth Factors Mentioned in the Full Report:

A demand of MEG is rising due to increasing demand for PET resins, polyester fibers, and antifreeze applications. Escalating demand for PET containers from several commercial and industrial end-use markets including packaging industry, due to better strength and impact resistance, is anticipated to certainly drive the MEG market.

Prompt urbanization and fluctuating lifestyle of consumers, particularly in emerging economies like India and China is driving the packaging industry, which in turn is expected to provide a push to the MEG market.

SINOPEC GROUP is the key player in the Asia Ethylene Glycol Market. As per the company’s statistics, domestic apparent consumption of synthetic resin and synthetic fiber increased by 8.7% and 7.0% respectively.

What can you expect from the report?

The Asia Ethylene Glycol Market Report is Prepared with the Main Agenda to Cover the following 20 points:

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications in a Market. Our Custom Research Services are designed to provide insights into the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business.

We look forward to supporting the client to be able to better address their customer needs, stay ahead in the market, become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.